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Eligible Lending Institutions
All scheduled commercial banks and specified Regional Rural Banks, NSIC, NEDFi, SIDBI,NBFCs & Small Finance Banks (SFBs) which have entered into an agreement with the Trust for the purpose.  The eligible lending Institutions, on entering with an agreement with CGTMSE, become Member Lending Institutions (MLIs) of CGTMSE.

Eligible Borrowers
New as well as existing Micro and Small Enterprises.

Maximum Risk Cover
Of the credit facilities extended by MLIs, Trust shall guarantee, in case of default by the borrower, upto 50/ 75 / 80/ 85 per cent (as per the current structure), of the defaulted principal amount in respect of term credit including interest on principal for one quarter and / or outstanding working capital advances (inclusive of interest), as on the date of account becoming NPA, or as on the date of filing the suit, whichever is lower. Other charges such as penal interest, commitment charge, service charge, or any other levies/ expenses shall not qualify for the guarantee cover.

Any facility given on the basis of third party guarantee and where the type of activity is not manufacturing, services and retail trade shall be disqualified for coverage under the scheme.Partial collateral security model introduced where the MLIs will be allowed to obtain collateral security for a part of the credit facility, whereas the remaining part of the credit facility, up to a maximum of ₹ 200 lakh can be covered under the scheme.The Trust also reserves the right to reject any application for the guarantee cover, if it deems necessary.

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